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Oct 15, 2011
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states went lower, cost of united states borrowing money is still lower, when you look around the rest of the world it's still a safer bet than europe. >> that may continue for a while. one thing you don't want is add more instability to the market. one thing the market may have done is contribute to the volatility in the market, which nobody likes. so it's one more thing that we don't actually need. it may not stop the world if they do downgrade us but it's a negative factor. >> norm, in roll call in september you wrote the failure to act in the strong bold way you're talking about right now could actually risk a depression. we've already got some people thinking woodall rodgers in double dip or headed for a second part, you think the failure to act could be substantially more serious than the status quo. >> i'm really worried about europe. i think it goes well beyond greece. my colleague desmond lock machms been spot on in his predictions. there's so many parallel to the early '30s it's chilling. i'm looking at the super committee as object -- obi wan kanobi. >>> sometimes well beyon
states went lower, cost of united states borrowing money is still lower, when you look around the rest of the world it's still a safer bet than europe. >> that may continue for a while. one thing you don't want is add more instability to the market. one thing the market may have done is contribute to the volatility in the market, which nobody likes. so it's one more thing that we don't actually need. it may not stop the world if they do downgrade us but it's a negative factor. >>...
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this is a major problem in the united states. i think they take your first child in sweden if you don't make your payment on your mortgage. that's an exaggeration, of course. the reality is we don't have the kind of recourse here. we have to change the incentive structure, heal and do it productively. i also agree regulations thrown without a lot of thought behind them, we have not consolidated regulatory agencies. there's going to be a huge surge in s.e.c. filings for hedge funds. they are not staffed for that. i hardly see anyone spending money to have s.e.c. be the hirer of last resort, increased funding from hedge funds, regulatory issues they have to deal with there. we've got a lot of things that are just mismatched in the economy. we need to think more holistically about the consequences. >> think holistically about the consequences. that's not exactly what i think about when i think about what congress is up to these days. >> congress doesn't do that. >> one of these days we'll have you two making decisions. that will hel
this is a major problem in the united states. i think they take your first child in sweden if you don't make your payment on your mortgage. that's an exaggeration, of course. the reality is we don't have the kind of recourse here. we have to change the incentive structure, heal and do it productively. i also agree regulations thrown without a lot of thought behind them, we have not consolidated regulatory agencies. there's going to be a huge surge in s.e.c. filings for hedge funds. they are not...
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Oct 22, 2011
10/11
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why didn't the united states do this? >> turning to the conversation at the beginning, i think tax reform and tax simplification, even if it's not as perfectly simple as a flat tax, i think that's an area you could have some real bipartisan support. one of the things you're seeing on the left right now, the grassroots left is a sense that big business and vested interest has been successful in gaining what stephen was talking about. the tax code has been a way that's happened. >> we finally find something we can agree on. that kind of simplification. >> they can lobby -- >> one of the reasons you've got the warren buffett problem, because who takes advantage of all these loopholes, rich people. >> it's why you have the problem. >> maybe it's why herman cain has been doing so well in the polls, there's noing to simple as three little numbers, 9-9-9. we know this week he modified 9-9-9 for people below the poverty line to 909, taking away taxes if they were below the income level. is this why it's resonating because it's si
why didn't the united states do this? >> turning to the conversation at the beginning, i think tax reform and tax simplification, even if it's not as perfectly simple as a flat tax, i think that's an area you could have some real bipartisan support. one of the things you're seeing on the left right now, the grassroots left is a sense that big business and vested interest has been successful in gaining what stephen was talking about. the tax code has been a way that's happened. >> we...
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Oct 16, 2011
10/11
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go to the united states, frankly, has an eye on a green card. that's what they want ultimately. they are not doing it short-term with a view to a year or two. >> leave it there. lots to talk about. an important issue we'll talk about many times. ron here ra, assistant public professor and co-author of "outsourcing america." christine and richard stick around. more to talk about. more and more banks hiking fees for things like using your debit cards for purchases. before you get angry step back. do they have a right to charge you for that service? we'll talk about it next on "your money." [ indistinct talking on radio ] [ tires screech ] [ crying ] [ applause ] [ laughs ] [ tires screech ] [ male announcer ] your life will have to flash by even faster. autodrive brakes on the cadillac srx activate after rain is detected to help improve braking performance. we don't just make luxury cars. we make cadillacs. to help improve braking performance. ♪ we're centurylink... a new kind of broadband company committed to improving lives with honest, person
go to the united states, frankly, has an eye on a green card. that's what they want ultimately. they are not doing it short-term with a view to a year or two. >> leave it there. lots to talk about. an important issue we'll talk about many times. ron here ra, assistant public professor and co-author of "outsourcing america." christine and richard stick around. more to talk about. more and more banks hiking fees for things like using your debit cards for purchases. before you get...
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Oct 29, 2011
10/11
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some people want to make it easier for non-americans to study and work in the united states if they can do things that not enough americans are trained to do. literally some thing we should staple a green card to people with degrees in science and technology and engineering and math. ron is an associate professor of public policy at rochester institute of technology. this is the director of research at duke university center for entrepreneurship and research for commercialization. welcome both gentlemen. you're boat very studied in this area. you say american companies are lobbying for more foreign-born highly skilled workers not because there's a shortage, but because they're cheaper than american counterparts. we hear from companies and universities and engineers themselves that the u.s. need to be more attractive to engineers in other countries. why don't you believe na? >> clearly, they're using it to bring in lower wage foreign workers on the temporary visa problems but to jettison older workers and bring in younger, foreign workers through these sners i think it isn't fair. i thin
some people want to make it easier for non-americans to study and work in the united states if they can do things that not enough americans are trained to do. literally some thing we should staple a green card to people with degrees in science and technology and engineering and math. ron is an associate professor of public policy at rochester institute of technology. this is the director of research at duke university center for entrepreneurship and research for commercialization. welcome both...
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Oct 30, 2011
10/11
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nina dell santos in london. >>> so much of the immigration debate here in the united states centers on protecting our boarders. what happens when in doing that, the best and the brightest of highly skilled workers are no longer able to beat down the door to get into the united states? then, we have a different kind of immigration debate. we're going to talk about it after this break. stay with us. ♪ and the flowers and the trees ♪ ♪ all laugh when you walk by ♪ and the neighbors' kids run and hide ♪ deep inside you, there's a person who refuses to be kept deep inside you. ♪ but you're not ♪ you're the one be true to yourself. what's healthier than that? she is the greatest thing ever. one little smile, one little laugh. honey bunny. [ babbles ] [ laughs ] we would do anything for her. my name is kim bryant and my husband and i made a will on legalzoom. it was really easy to do. [ spits ] [ both laugh ] [ shapiro ] we created legal zoom to help you take care of the ones you love. go to legalzoom.com today and complete your will in minutes. at legalzoom.com we put the law o
nina dell santos in london. >>> so much of the immigration debate here in the united states centers on protecting our boarders. what happens when in doing that, the best and the brightest of highly skilled workers are no longer able to beat down the door to get into the united states? then, we have a different kind of immigration debate. we're going to talk about it after this break. stay with us. ♪ and the flowers and the trees ♪ ♪ all laugh when you walk by ♪ and the...
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Oct 23, 2011
10/11
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you argue the united states is in decline. here is the interesting part. for years now you have been the voice of globalization and why it's necessary and why to sort of flatten the world out the rest of the world would have to do better. some say by definition the united states would have to slow down a little bit. have you changed your argument? >> well, you know, it really isn't that we have to slow down. two things happen when the world gets flat, as it were. one, there was always going to be a relative closing of the gap between the united states and indias and chinas. that's a great thing. we move up but they move up faster because they are coming from behind farther. what we want to avoid is absolute decline where they move up and we move back. there's no reason that has to happen. it can happen. what we have written our book about is how to get around that. >> this thing around us is globalization and for many people you are the person who has defined that term because of writing you've done on it. let's put that aside for a second, the whole conce
you argue the united states is in decline. here is the interesting part. for years now you have been the voice of globalization and why it's necessary and why to sort of flatten the world out the rest of the world would have to do better. some say by definition the united states would have to slow down a little bit. have you changed your argument? >> well, you know, it really isn't that we have to slow down. two things happen when the world gets flat, as it were. one, there was always...
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Oct 8, 2011
10/11
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coming up next, what the united states could and should learn from the life of steve jobs. my xyz is next. sey, kasey! kasey, what about the new edge drew you to it? the look of it. i love the sleek design. i like the rounded edges. what does the technology in your edge make you think of ford? it just makes me think that ford is in it to win it. ford is trying to get to the next level. you really have to make yourself stand out, and i think ford has done that. looking over there, how does your car look? is this my car? (laugh) (laugh) it's pro-cool technology releases armies of snowmen masseuse who cuddle up with your soreness and give out polar bear hugs. technology. [ male announcer ] new bengay cold therapy. the same technology used by physical therapists. go to bengay.com for a $3 coupon. luck? i don't trade on luck. i trade on fundamentals. analysis. information. i trade on tradearchitect. this is web-based trading, re-visualized. streaming, real-time quotes. earnings analysis. probability analysis: that's what opportunity looks like. it's all visual. intuitive. and it
coming up next, what the united states could and should learn from the life of steve jobs. my xyz is next. sey, kasey! kasey, what about the new edge drew you to it? the look of it. i love the sleek design. i like the rounded edges. what does the technology in your edge make you think of ford? it just makes me think that ford is in it to win it. ford is trying to get to the next level. you really have to make yourself stand out, and i think ford has done that. looking over there, how does your...
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in 1937 united states enacted permanently income tax, in seven years we went from 7% to 72%. there's no way you can give the united states government a new stream of revenue, taxing power and expect it be kept at 9%. supporters say we'll have a constitutional amendment require two-thirds supermajority vote. >> doesn't make sense to put a percentage -- >> look at history and look around the world. >> france has 20%, italy has 20%, why do you think we'll be at 9%. >> although canada kept its very low. donna, let me ask you this. people like herman cain. doesn't mean they will necessary vote for him for president they may just want him to be their grandfather. people like herman cain and he gives interviews where he says things like this. he takes simple ideas, the ideas ron paul has but somehow herman cain makes them sound nice. and appealing. not president obama schtick to do this. does he need schtick to say here are major changes i'm going to make that will somehow make you feel like i've turned this engine around? >> he's the common sense candidate. i don't know if he'll wi
in 1937 united states enacted permanently income tax, in seven years we went from 7% to 72%. there's no way you can give the united states government a new stream of revenue, taxing power and expect it be kept at 9%. supporters say we'll have a constitutional amendment require two-thirds supermajority vote. >> doesn't make sense to put a percentage -- >> look at history and look around the world. >> france has 20%, italy has 20%, why do you think we'll be at 9%. >>...